What are two conflicts of interest faced by an Investment Advisor who is employed by a commercial bank or an investment bank? Given his fiduciary responsibility to his clients, how can these conflicts be avoided or resolved?© BrainMass Inc. brainmass.com September 24, 2018, 3:16 pm ad1c9bdddf - https://brainmass.com/economics/public-finance/ethical-issues-in-financial-services-535563
Conflicts of interest
The conflicts that could come are many:
- The investment advisor could hide the bank's interest in a certain investment (i.e. whether the bank stands to gain from additional investment or the bank is already servicing the investment as a client). This fits along the lines of having to service two clients at ...
This is a comprehensive (with references!) look at the conflicts of interest faced by an investment advisor.